cam a22 2 b4500 530142635 CHVBK 20201027044533.0 m d cr |n |||||||| 130723e20080101dcu s|||| 0 |eng|d 978-1-4519-1332-3 1-4519-1332-X (EBook) : USD 18.00 Retail Price (Publisher) (SERSOL)ssj0001478543 (WaSeSS)ssj0001478543 BIP US WaSeSS Schimmelpfennig Axel Author Lebanon-Weathering the Perfect Storms [Elektronische Daten] Washington International Monetary Fund Jan. 2008 1 online resource (56 p.) Free full text available for some or all content. Article availability is subject to change without notice, according to publisher decision. Die Verfügbarkeit der Online-Ressourcen ist Entscheidung des Verlags oder des Urhebers und kann ohne vorherige Ankündigung geändert werden. Annotation This paper reviews Lebanon's ability to manage financial pressures following severe shocks despite its large public debt overhang and significant external vulnerabilities. Based on interviews with market participants in Beirut and London, the paper concludes that Lebanon's ability to weather what appear to be perfect storms derives from three characteristics: a perceived implicit guarantee from donors; Lebanon's track record of having never defaulted on external debt or deposits; and the unique market structure for Lebanese debt which is dominated by local banks and dedicated investors and depositors. Gardner E. H. Author http://elibrary.imf.org/view/IMF001/08959-9781451868791/08959-9781451868791/08959-9781451868791.xml Volltext frei zugänglich BK020053 XK020053 XK020000 IMF E-Library E-Books von 360MarcUpdates IDSBB FREE FREE OL NELFREE2004 IDSBB 100 1- Schimmelpfennig Axel Author IDSBB 700 1- Gardner E. H. Author IDSBB 856 40 http://elibrary.imf.org/view/IMF001/08959-9781451868791/08959-9781451868791/08959-9781451868791.xml Volltext frei zugänglich SWISSBIB 085914770